Indiana Trust & Investment Management Co Boosts Holdings in Amphenol Corporation $APH

Indiana Trust & Investment Management Co increased its position in Amphenol Corporation (NYSE:APH) by 3,668.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,190 shares of the electronics maker’s stock after acquiring an additional 12,840 shares during the period. Indiana Trust & Investment Management Co’s holdings in Amphenol were worth $1,782,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Riggs Asset Managment Co. Inc. raised its holdings in Amphenol by 200.0% in the 2nd quarter. Riggs Asset Managment Co. Inc. now owns 252 shares of the electronics maker’s stock worth $25,000 after acquiring an additional 168 shares during the last quarter. Financial Management Professionals Inc. raised its position in Amphenol by 82.6% in the 3rd quarter. Financial Management Professionals Inc. now owns 199 shares of the electronics maker’s stock worth $25,000 after buying an additional 90 shares during the last quarter. Board of the Pension Protection Fund purchased a new position in Amphenol in the 4th quarter worth about $27,000. Alpine Bank Wealth Management purchased a new position in Amphenol in the 3rd quarter worth about $30,000. Finally, Evolution Wealth Management Inc. purchased a new stake in Amphenol during the 2nd quarter valued at $31,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Amphenol from $160.00 to $185.00 and gave the company an “overweight” rating in a research note on Tuesday, January 27th. The Goldman Sachs Group reiterated a “buy” rating and set a $183.00 target price on shares of Amphenol in a research note on Thursday, January 15th. Wall Street Zen lowered shares of Amphenol from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Piper Sandler set a $165.00 target price on shares of Amphenol in a research note on Tuesday, March 17th. Finally, Citigroup upped their price target on shares of Amphenol from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, January 29th. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amphenol currently has an average rating of “Moderate Buy” and a consensus price target of $151.87.

Insider Activity at Amphenol

In related news, CEO Richard Adam Norwitt sold 515,281 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $147.27, for a total value of $75,885,432.87. Following the completion of the sale, the chief executive officer directly owned 1,927,507 shares of the company’s stock, valued at approximately $283,863,955.89. This represents a 21.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.67% of the stock is owned by company insiders.

Amphenol Trading Up 1.3%

NYSE:APH opened at $128.18 on Wednesday. The company has a debt-to-equity ratio of 1.08, a current ratio of 2.98 and a quick ratio of 2.48. The firm has a market capitalization of $157.57 billion, a price-to-earnings ratio of 38.38, a price-to-earnings-growth ratio of 1.35 and a beta of 1.25. Amphenol Corporation has a one year low of $59.16 and a one year high of $167.04. The business has a fifty day moving average price of $137.07 and a 200-day moving average price of $136.35.

Amphenol (NYSE:APH) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.97 EPS for the quarter, topping the consensus estimate of $0.93 by $0.04. The firm had revenue of $6.44 billion during the quarter, compared to analyst estimates of $6.19 billion. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.Amphenol’s revenue was up 49.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.55 EPS. Amphenol has set its Q1 2026 guidance at 0.910-0.930 EPS. Sell-side analysts forecast that Amphenol Corporation will post 2.36 EPS for the current year.

Amphenol Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 14th. Stockholders of record on Monday, March 23rd will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, March 23rd. Amphenol’s dividend payout ratio is 29.94%.

Amphenol Company Profile

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.